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For Auditors
For AuditorsThe current emphasis on the role and responsibilities of auditors, resulting from Enron and other scandals, should cause astute CPA firms to take a new look at what they do and how they do it. The fundamental limitation that must be recognized is that auditing procedures cannot be relied upon to detect fraud and auditors are not trained fraud investigators. As just one example; do you know the difference between a legitimate acquisition and an "acquisition for effect?" The documentation is virtually the same but the latter instance represents a conspiracy at the expense of the shareholders of the acquiring company. You need to know what special documentation to ask for and how to obtain the necessary documentation without offending the client or its acquisition partner? You also need to know how the problem can be corrected in a way that would not force you to withdraw from the engagement or to negatively impact the stock values? And never forget that the technical disclosures in financial statements and public filings do not take you off the hook for liability. The need for added support exists in connection with the perceived and/or actual responsibilities of auditors and Hal welcomes the opportunity to be of service to those auditing firms that see the need. Seminars & Training for AuditorsInterested in a hot 2 hour PowerPoint seminar called, FRAUD DETECTION TIPS? Contact Hal Other InformationClick here to view a Representative CASE LIST. Click here to view PARTIAL CLIENT LIST. |
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gathering techniques and accounting/ business skills to develop information and opinions for use by attorneys involved in civil litigation and to give trial testimony if called upon." Lack of geographic proximity is not an obstacle to cost effective services.
Ask Hal about forensic accounting, economic loss, economic damages, expert witness, due diligence, litigation support, hidden assets, CFE, fraud, lease auditing, CPA, investigation, accounting.
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